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Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager with a diversified platform that provides clients with complementary primary and secondary investment solutions across credit, private equity, real estate, and infrastructure asset classes. Founded in 1997, Ares adheres to a disciplined investment philosophy designed to deliver strong risk-adjusted returns throughout various market cycles.
As of December 31, 2023, Ares manages approximately $428 billion in assets and operates from over 15 offices across North America, Europe, Asia, and Australia. The company is organized into four key business segments: the Credit Group, the Private Equity Group, the Real Assets Group, and the Secondaries Group.
The Credit Group is Ares' largest segment by revenue, focusing on managing credit strategies across both liquid and illiquid markets. This includes investing in leveraged loans, high-yield bonds, and private credit opportunities. Highlighting its recent achievements, Ares closed approximately $9.3 billion in U.S. direct lending commitments in Q1 2024 alone.
The Private Equity Group handles investments in corporate private equity, infrastructure and power, and special opportunities. Notable investments include support for the growth plans of companies like Aptean and Artivion.
The Real Assets Group manages comprehensive equity and debt strategies across real estate and infrastructure investments. Recent projects include significant contributions to Vantage Data Centers' expansion in the EMEA region.
The Secondaries Group invests in secondary markets across a range of alternative asset strategies, including private equity, real estate, infrastructure, and credit.
Ares places a strong emphasis on collaboration across its investment groups to generate consistent and attractive returns. The firm is committed to flexible capital deployment to support businesses and create value for stakeholders. For more information, visit www.aresmgmt.com.
Westmount Realty Capital has partnered with a fund managed by Ares Management Corporation to recapitalize a significant 51-asset industrial portfolio covering 6.1 million square feet in Chicago and Milwaukee. Acquired from a joint venture with Partners Group, the portfolio boasts a 98.8% lease rate to 123 tenants. Key attributes include strategic locations near O’Hare International Airport, strong demand, and limited new supply, which are expected to elevate occupancies and rental growth in the coming years.
Ares Management Corporation announced the addition of Philip Moore, Alessandro Luca, and Anisa Dudhia to enhance its real estate debt operations in Europe. This new team, focusing on commercial real estate loans, is set to leverage Ares' established investment platform. They have completed their first deal, providing €113 million for an office complex in Belgium. Ares aims to expand its European real estate debt capabilities, supporting institutional-quality property investments across various sectors.
Ares Management Corporation (NYSE: ARES) has priced an offering of
Ares Management Corporation (NYSE: ARES) announced its indirect subsidiary, Ares Finance Co. IV LLC, plans to offer senior notes to qualified institutional buyers in the U.S. and non-U.S. investors. The offering aims to raise capital for general corporate purposes, including debt repayment and growth initiatives. The notes will be unregistered under the Securities Act and are subject to market conditions. The company cautioned that forward-looking statements may carry risks and uncertainties, advising that actual results could differ significantly.
Ares Capital Corporation (Nasdaq: ARCC) has announced a public offering of 10,000,000 shares of its common stock, with an option for underwriters to purchase an additional 1,500,000 shares. The offering is made under a shelf registration statement filed with the SEC on June 3, 2021. Proceeds from the offering will be used to repay outstanding debt and for general corporate purposes, including investments in portfolio companies. Investors should review the preliminary prospectus supplement dated January 12, 2022, for detailed information.
Ares Management Corporation (NYSE: ARES) announced the appointment of Jeffrey Hughes as Managing Director within the Ares Credit Group. With over 25 years of experience, Hughes will lead efforts in sourcing and managing privately placed investment-grade credit investments across various industries, including real estate and infrastructure. This move aims to enhance Ares Insurance Solutions' capabilities and contribute to the growth of its Aspida platform. Ares currently manages approximately $282 billion in assets as of September 30, 2021.
Ares Management Corporation (NYSE: ARES) will report its earnings for the fourth quarter and full year ended December 31, 2021, on February 11, 2022, before the NYSE opens. A conference call to discuss these results will take place at 12:00 p.m. ET the same day. Ares Management, a leading global alternative investment manager, manages approximately $282 billion in assets as of September 30, 2021. Interested parties can join via telephone or a live webcast, with an archived replay available until March 11, 2022.
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